Edzy
Single Answer MCQ
Q-00015698

Which characteristic of MNCs allows them to adapt quickly to global markets?

1

Large workforce

2

Diverse product offerings

3

Access to financial resources

4

Established brand loyalty

Reviewed & Verified by Edzy Expert

Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Access to financial resources

Solution:

Access to financial resources allows MNCs to adapt quickly to changing market conditions and consumer preferences in various countries.

Watch Video Solution